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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:FERG

Ferguson (FERG) Stock Price, News & Analysis

$208.80
-0.74 (-0.35%)
(As of 04/19/2024 ET)
Today's Range
$208.29
$211.19
50-Day Range
$191.16
$223.85
52-Week Range
$133.10
$224.86
Volume
684,551 shs
Average Volume
1.15 million shs
Market Capitalization
$42.35 billion
P/E Ratio
24.28
Dividend Yield
1.51%
Price Target
$166.50

Ferguson MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
20.3% Downside
$166.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Ferguson in the last 14 days
Based on 27 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.04%
From $9.66 to $10.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.03 out of 5 stars

Industrial Products Sector

153rd out of 167 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

2nd out of 2 stocks

FERG stock logo

About Ferguson Stock (NASDAQ:FERG)

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name. In addition, it supplies pipes, valves, fittings, plumbing supplies, water and wastewater treatment products, and refrigeration products under Wolseley brand name. Further, the company provides after-sales support comprising warranty, credit, project-based billing, returns, maintenance, repair, and operations support. It sells its products through wholesale distributors, supply houses, retail enterprises, and online. Ferguson plc was founded in 1953 and is headquartered in Wokingham, the United Kingdom.

FERG Stock Price History

FERG Stock News Headlines

Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
Golden Apple | Allison Ferguson
Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
See More Headlines
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Company Calendar

Ex-Dividend for 2/6 Dividend
12/14/2023
Dividend Payable
2/06/2024
Last Earnings
3/05/2024
Ex-Dividend for 5/7 Dividend
3/14/2024
Today
4/19/2024
Dividend Payable
5/07/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
7/31/2024

Industry, Sector and Symbol

Industry
Hardware, & plumbing & heating equipment & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:FERG
Employees
35,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$166.50
High Stock Price Target
$185.00
Low Stock Price Target
$155.00
Potential Upside/Downside
-20.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$1.89 billion
Pretax Margin
7.84%

Debt

Sales & Book Value

Annual Sales
$29.73 billion
Cash Flow
$10.75 per share
Book Value
$20.73 per share

Miscellaneous

Free Float
202,509,000
Market Cap
$42.57 billion
Optionable
Not Optionable
Beta
1.27
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Key Executives

  • Mr. Kevin Murphy (Age 53)
    Group CEO & Executive Director
    Comp: $2.92M
  • Mr. William Brundage (Age 47)
    Group CFO & Executive Director
    Comp: $1.49M
  • Mr. Ian Thomas Graham (Age 56)
    Chief Legal Officer
    Comp: $1.31M
  • Mr. William T. Thees Jr. (Age 56)
    Senior Vice President of Business & Sales
    Comp: $1.31M
  • Ms. Samantha J. Long (Age 56)
    Chief Human Resources Officer
    Comp: $1.32M
  • Richard Winckler
    Chief Accounting Officer
  • Mr. Andy Paisley (Age 55)
    Chief Digital & Information Officer
  • Mr. Brian C. Lantz (Age 61)
    Vice President IR & Communications
  • Mr. Michael Ward
    Head of Corporate Communications
  • Ms. Victoria Morrissey (Age 58)
    Chief Marketing Officer

Should I Buy Ferguson Stock? FERG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ferguson plc:

  • Ferguson plc has shown consistent growth in revenue and earnings over recent quarters, indicating a strong financial performance.
  • The company has a solid return on equity of 37.99%, showcasing efficient utilization of shareholder funds to generate profits.
  • With a dividend yield of 1.53%, Ferguson plc offers investors a steady income stream through regular dividend payments.
  • Recent acquisitions and strategic investments by institutional investors like American Century Companies Inc. and FCF Advisors LLC demonstrate confidence in the company's future prospects.
  • Despite market volatility, Ferguson plc's stock price has been on an upward trend, reaching a 52-week high of $217.32, potentially offering capital gains to investors.

Cons

Investors should be bearish about investing in Ferguson plc for these reasons:

  • Ferguson plc's PEG ratio of 8.60 indicates that the stock may be overvalued relative to its earnings growth potential, posing a risk for investors expecting capital appreciation.
  • The company's debt-to-equity ratio of 0.66 suggests a moderate level of financial leverage, which could increase the company's risk profile during economic downturns.
  • Analysts have revised down earnings estimates for Ferguson plc, with a recent miss on earnings per share, signaling potential challenges in meeting market expectations.
  • Market analysts predict lower revenue for Ferguson plc compared to the previous year, indicating a possible slowdown in business growth.
  • Investors should consider the beta of 1.27 for Ferguson plc, implying higher volatility compared to the market average, which may lead to fluctuations in the stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Ferguson pros and cons to contact@marketbeat.com.

FERG Stock Analysis - Frequently Asked Questions

Should I buy or sell Ferguson stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferguson in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FERG shares.
View FERG analyst ratings
or view top-rated stocks.

What is Ferguson's stock price target for 2024?

8 equities research analysts have issued 1-year price objectives for Ferguson's stock. Their FERG share price targets range from $155.00 to $185.00. On average, they expect the company's stock price to reach $166.50 in the next year. This suggests that the stock has a possible downside of 20.3%.
View analysts price targets for FERG
or view top-rated stocks among Wall Street analysts.

How have FERG shares performed in 2024?

Ferguson's stock was trading at $193.07 at the beginning of the year. Since then, FERG shares have increased by 8.2% and is now trading at $208.82.
View the best growth stocks for 2024 here
.

When is Ferguson's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our FERG earnings forecast
.

How were Ferguson's earnings last quarter?

Ferguson plc (NASDAQ:FERG) released its earnings results on Tuesday, March, 5th. The company reported $1.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.82 by $0.08. The business had revenue of $6.67 billion for the quarter, compared to analysts' expectations of $6.72 billion. Ferguson had a net margin of 6.00% and a trailing twelve-month return on equity of 37.99%. The company's revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the business posted $1.91 EPS.

How often does Ferguson pay dividends? What is the dividend yield for Ferguson?

Ferguson declared a quarterly dividend on Tuesday, March 5th. Shareholders of record on Friday, March 15th will be given a dividend of $0.79 per share on Tuesday, May 7th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for FERG
.

Is Ferguson a good dividend stock?

Ferguson (NASDAQ:FERG) pays an annual dividend of $3.16 per share and currently has a dividend yield of 1.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FERG will have a dividend payout ratio of 29.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FERG.

What guidance has Ferguson issued on next quarter's earnings?

Ferguson issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $29.7 billion-$29.7 billion, compared to the consensus revenue estimate of $29.9 billion.

Who are Ferguson's major shareholders?

Ferguson's stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.27%), Artemis Investment Management LLP (0.17%), Allspring Global Investments Holdings LLC (0.07%), Perpetual Ltd (0.03%), Oliver Luxxe Assets LLC (0.02%) and Wealth Enhancement Advisory Services LLC (0.02%). Insiders that own company stock include Garland Williams, Kevin Michael Murphy, Michael Jacobs, Richard Winckler and William T Thees Jr.
View institutional ownership trends
.

How do I buy shares of Ferguson?

Shares of FERG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FERG) was last updated on 4/19/2024 by MarketBeat.com Staff

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